First Trust Advisors LP acquired a new position in shares of Civitas Solutions, Inc. (NYSE:CIVI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 12,101 shares of the company’s stock, valued at approximately $223,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can increased its position in shares of Civitas Solutions by 614.8% during the second quarter. Bank of Montreal Can now owns 6,648 shares of the company’s stock valued at $116,000 after acquiring an additional 5,718 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Civitas Solutions by 17.6% during the second quarter. Victory Capital Management Inc. now owns 6,982 shares of the company’s stock valued at $122,000 after acquiring an additional 1,047 shares during the last quarter. Strs Ohio acquired a new stake in shares of Civitas Solutions during the third quarter valued at about $127,000. Martingale Asset Management L P acquired a new stake in shares of Civitas Solutions during the second quarter valued at about $186,000. Finally, Parametric Portfolio Associates LLC acquired a new stake in shares of Civitas Solutions during the second quarter valued at about $211,000. Hedge funds and other institutional investors own 94.19% of the company’s stock.

Civitas Solutions, Inc. (NYSE CIVI) opened at $19.80 on Wednesday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 3.64. The firm has a market cap of $708.03, a P/E ratio of 25.96, a P/E/G ratio of 2.24 and a beta of 0.43. Civitas Solutions, Inc. has a twelve month low of $15.40 and a twelve month high of $20.98.

A number of equities research analysts have weighed in on CIVI shares. BidaskClub cut shares of Civitas Solutions from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Zacks Investment Research upgraded shares of Civitas Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, Canaccord Genuity lifted their price target on shares of Civitas Solutions from $26.00 to $27.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $25.00.

In related news, CFO Denis M. Holler sold 7,148 shares of Civitas Solutions stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $19.63, for a total value of $140,315.24. Following the completion of the transaction, the chief financial officer now owns 287,762 shares in the company, valued at $5,648,768.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Denis M. Holler sold 4,600 shares of Civitas Solutions stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $19.63, for a total transaction of $90,298.00. The disclosure for this sale can be found here. Insiders sold 34,112 shares of company stock valued at $653,121 in the last 90 days. Company insiders own 5.30% of the company’s stock.

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Civitas Solutions Company Profile

Civitas Solutions, Inc is a provider of home- and community-based health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Company operates through two segments: Human Services and Post-Acute Specialty Rehabilitation Services (SRS).

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Institutional Ownership by Quarter for Civitas Solutions (NYSE:CIVI)

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